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Madrigal Pharmaceuticals price target raised to $581 from $456 at BofA

BofA analyst Jason Zemansky raised the firm’s price target on Madrigal Pharmaceuticals (MDGL) to $581 from $456 and keeps a Neutral rating on the shares. The firm is increasing its near-term Rezdiffra forecasts after having conducted a small prescriber survey, but remains below long-term consensus, the analyst tells investors.

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